Prince Alwaleed Built a $30 Billion Empire — Then MBS Locked Him in a Hotel
After the Crown
202,906 views
Prince Alwaleed bin Talal turned a $30,000 loan into a $30 billion empire — owning stakes in Citigroup, Apple, Twitter, the Four Seasons, and the Plaza Hotel. He was called the Warren Buffett of Arabia. Then in one night, his own cousin, Crown Prince Mohammed bin Salman, had him locked inside a luxury hotel turned prison.
This is the full story of how Prince Alwaleed built one of the most extraordinary investment empires in modern history, and how the rise of MBS brought it all crashing down during the infamous Ritz-Carlton purge of 2017.
From his royal bloodline and childhood between Riyadh and Beirut, to his legendary bet on Citibank when Wall Street had given up, to the 83 days he spent detained without charges — this video covers every angle of one of the most dramatic power struggles in the Middle East.
If you enjoy deep dives into wealth, power, and the hidden mechanics behind global finance, subscribe and turn on notifications so you never miss a video.
Drop a 👑 in the comments if you made it to the end.
SOURCES:
• Bloomberg Billionaires Index — Alwaleed Bin Talal profile
• Forbes — "Billionaire Saudi Prince Alwaleed Reaches Settlement And Is Released After Months Of Detention"
• Reuters — Prince Alwaleed interview at the Ritz-Carlton, January 2018
• Bloomberg Businessweek — "Prince Alwaleed Reveals Secret Deal Struck to Exit Ritz After 83 Days"
• The New York Times — reporting on physical abuse of Ritz-Carlton detainees
• Human Rights Watch — "The High Cost of Change: Repression Under Saudi Crown Prince Tarnishes Reforms"
• DAWN (Democracy for the Arab World Now) — investigation into Ritz-Carlton detention conditions
• The Guardian — former detainee testimony on the 2017 purge
• Al Jazeera — "Saudi Arabia seizes more than $100bn in settlements"
• NPR — "Billionaire Saudi Prince Freed From Weeks-Long Ritz Detention"
• Anadolu Agency — "Saudi prisoners unveil details on Ritz-Carlton purge"
• Time Magazine — "Prince Alwaleed: The Prince and the Portfolio"
• Encyclopaedia Britannica — al-Waleed bin Talal biography
• CBC News — "Saudi billionaire Prince Alwaleed released as corruption probe winds down"
• The Wall Street Journal — reporting on the $6 billion settlement
• Fortune — "Saudi Prince Alwaleed bin Talal is donating his entire $32 billion fortune"
• Semafor — "Saudi Arabia ramps up anti-corruption drive"
#PrinceAlwaleed #MBS #SaudiArabia #RitzCarlton #KingdomHolding #Citigroup #WealthAndPower #SaudiRoyalFamily #MohammedBinSalman #Vision2030 #Billionaire #AntiCorruption #MiddleEast #Finance #Documentary #GlobalEconomics #PowerStructures #OilMoney #WallStreet #RichestPeople
20 Comments
Most of the people who were arrested and held in that hotel were businessmen who owned successful businesses. I don’t remember MBS owning any businesses in Saudi Arabia. So, when he got his hands on power, he operated like a gangster and basically shook them all down for money.
:person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving::person-turqouise-waving:
Facts.
Prince Alwaleed Built a $30 Billion Empire — Then MBS Locked Him in a Hotel
After the Crown
202,906 views
Prince Alwaleed bin Talal turned a $30,000 loan into a $30 billion empire — owning stakes in Citigroup, Apple, Twitter, the Four Seasons, and the Plaza Hotel. He was called the Warren Buffett of Arabia. Then in one night, his own cousin, Crown Prince Mohammed bin Salman, had him locked inside a luxury hotel turned prison.
This is the full story of how Prince Alwaleed built one of the most extraordinary investment empires in modern history, and how the rise of MBS brought it all crashing down during the infamous Ritz-Carlton purge of 2017.
From his royal bloodline and childhood between Riyadh and Beirut, to his legendary bet on Citibank when Wall Street had given up, to the 83 days he spent detained without charges — this video covers every angle of one of the most dramatic power struggles in the Middle East.
If you enjoy deep dives into wealth, power, and the hidden mechanics behind global finance, subscribe and turn on notifications so you never miss a video.
Drop a 👑 in the comments if you made it to the end.
SOURCES:
• Bloomberg Billionaires Index — Alwaleed Bin Talal profile
• Forbes — "Billionaire Saudi Prince Alwaleed Reaches Settlement And Is Released After Months Of Detention"
• Reuters — Prince Alwaleed interview at the Ritz-Carlton, January 2018
• Bloomberg Businessweek — "Prince Alwaleed Reveals Secret Deal Struck to Exit Ritz After 83 Days"
• The New York Times — reporting on physical abuse of Ritz-Carlton detainees
• Human Rights Watch — "The High Cost of Change: Repression Under Saudi Crown Prince Tarnishes Reforms"
• DAWN (Democracy for the Arab World Now) — investigation into Ritz-Carlton detention conditions
• The Guardian — former detainee testimony on the 2017 purge
• Al Jazeera — "Saudi Arabia seizes more than $100bn in settlements"
• NPR — "Billionaire Saudi Prince Freed From Weeks-Long Ritz Detention"
• Anadolu Agency — "Saudi prisoners unveil details on Ritz-Carlton purge"
• Time Magazine — "Prince Alwaleed: The Prince and the Portfolio"
• Encyclopaedia Britannica — al-Waleed bin Talal biography
• CBC News — "Saudi billionaire Prince Alwaleed released as corruption probe winds down"
• The Wall Street Journal — reporting on the $6 billion settlement
• Fortune — "Saudi Prince Alwaleed bin Talal is donating his entire $32 billion fortune"
• Semafor — "Saudi Arabia ramps up anti-corruption drive"
#PrinceAlwaleed #MBS #SaudiArabia #RitzCarlton #KingdomHolding #Citigroup #WealthAndPower #SaudiRoyalFamily #MohammedBinSalman #Vision2030 #Billionaire #AntiCorruption #MiddleEast #Finance #Documentary #GlobalEconomics #PowerStructures #OilMoney #WallStreet #RichestPeople